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Satellite-Based IoT Service Market worth $2,265.67 million by 2030, growing at a CAGR of 12.90% - Exclusive Report by 360iResearch
Satellite-Based IoT Service Market | 360iResearch
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Satellite-based Internet of Things (IoT) services leverage satellite networks to enable connectivity for IoT devices in remote and hard-to-reach areas where terrestrial networks are unreliable or nonexistent. This connectivity is crucial for applications in various industries, including agriculture, logistics, oil and gas, maritime, and environmental monitoring. The necessity for these services arises from the need for consistent and reliable communication in regions outside the coverage of terrestrial networks, ensuring global data collection, monitoring, and control capabilities. Key applications include precision farming through data on soil moisture and weather conditions, tracking goods and vehicles, monitoring pipelines to ensure safety, and gathering environmental data on climate change and wildlife. End-users predominantly comprise enterprises and government agencies requiring robust IoT connectivity for critical operations and decision-making. Influencing growth factors include the increasing demand for connectivity in underserved areas, technological advancements in satellite technology, regulatory support for digital infrastructure, and the enhanced security and reliability of satellite communications. Potential opportunities lie in targeting the agricultural sector, expanding into emerging markets, forming partnerships with IoT device manufacturers and data analytics firms, and investing in cost-efficient miniaturized satellites. However, some limitations and challenges affecting market growth include high initial costs, latency issues, complex regulatory environments, and competition from terrestrial networks such as 5G. Research and innovation areas include the development of nano-satellites, hybrid connectivity solutions combining satellite and terrestrial networks, advanced data analytics platforms, and energy-efficient IoT devices. The market's dynamic nature, characterized by a diverse range of players and constant technological advancements, underscores the importance of collaborations and innovation for businesses aiming to capture market share and drive growth in satellite-based IoT services.
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Market Segmentation & Coverage:
This research report categorizes the Satellite-Based IoT Service Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Direct-to satellite and Satellite IoT Backhaul.
Based on Frequency Band, market is studied across Ku & Ka-Band, L-Band, and S-band.
Based on Organization Size, market is studied across Large Enterprises and Small & Medium Sized Enterprises.
Based on Service, market is studied across Automotive, Commercial, Defense & Marine, Energy & Utilities, Healthcare, Natural Resource Monitoring, Oil & Gas, and Retail. The Commercial is further studied across Agriculture, Aviation, and Transport & Logistics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Satellite-Based IoT Service Market, highlighting leading vendors and their innovative profiles. These include Alén Space, S.L. by GMV Company, Astrocast, eSAT Global, Inc., Eutelsat Communications SA, FOSSA Systems S.L., Globalstar, Inc., GomSpace A/S, HEAD Aerospace Group, hiSky S.C.S Ltd, IMT srl, Inmarsat Global Limited by Viasat Inc., Intelsat US LLC, Iridium Communications Inc., ISAT Africa (K) Limited, Kepler Communications Inc., Lacuna Space Ltd., Lamhas Satellite Service Limited, Myriota Pty Ltd, NanoAvionics by Kongsberg, OQ Technology., ORBCOMM Inc., Qualcomm Technologies, Inc., Satelio IoT Services, S.L., Sigfox by UnaBiz Pte., Ltd, Surrey Satellite Technology Ltd, Swarm Technologies Inc., Thales Group, Thuraya Telecommunications Company., Vodafone Limited., and Wyld Networks Ltd..
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We proudly unveil ThinkMi Query, a cutting-edge AI product designed to transform how businesses interact with the Satellite-Based IoT Service Market. ThinkMi Query stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi Query is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Satellite-Based IoT Service Market. Embrace the future of market analysis with ThinkMi Query, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Satellite-Based IoT Service Market, by Type
7. Satellite-Based IoT Service Market, by Frequency Band
8. Satellite-Based IoT Service Market, by Organization Size
9. Satellite-Based IoT Service Market, by Service
10. Americas Satellite-Based IoT Service Market
11. Asia-Pacific Satellite-Based IoT Service Market
12. Europe, Middle East & Africa Satellite-Based IoT Service Market
13. Competitive Landscape
14. Competitive Portfolio
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sales@360iresearch.com
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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